The role of tax havens and offshore financial centres in shaping corporate geographies: an industry sector perspective

Thomas Sigler, Kirsten Martinus, Iacopo Iacopini, Ben Derudder

Research output: Contribution to journalArticle

Abstract

This paper investigates the role of tax havens and offshore financial centres (THOFC) in the global economy. Network analysis of 24 industry sectors suggests that THOFC feature prominently in knowledge-intensive activities such as pharmaceuticals, biotechnology and semiconductors, and are least significant in industrial activities such as automobiles and consumer durables, and place-bound activities such as real estate and retailing. Contrasting with the notion that most THOFC are ‘rogue’ offshore territories, the most significant are either continental nation-states or British territorial dependencies. It is concluded that global firm networks often mimic the geographies of taxation more than actual production or consumption activities.
Original languageEnglish
Number of pages13
JournalRegional Studies
DOIs
Publication statusE-pub ahead of print - 28 May 2019

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taxes
geography
industry
retailing
global economy
network analysis
nation state
biotechnology
automobile
drug
real estate
taxation
pharmaceutical
motor vehicle
firm
economy
tax
semiconductor
industrial activity
consumption

Cite this

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The role of tax havens and offshore financial centres in shaping corporate geographies : an industry sector perspective. / Sigler, Thomas; Martinus, Kirsten; Iacopini, Iacopo; Derudder, Ben.

In: Regional Studies, 28.05.2019.

Research output: Contribution to journalArticle

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AU - Derudder, Ben

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